Category: Outdoor

Hemisphere Design Works Names Jim Fox New CEO

January 17, 2019 SGB Update

Hemisphere Design Works, the world’s largest maker of kayaks, announces the hiring of Jim Fox as its new Chief Executive Officer. Fox’s predecessor, Chuck Smith, stepped down from his position following a mutual agreement. Fox will now oversee the company’s continued evolution in a rapidly growing market

Jay Getzel Leaves Mountainsmith To Join Nite Ize

January 17, 2019 SGB Update

Mountainsmith President Jay Getzel has left the company to join Nite Ize Inc. as director of its outdoor/pet/toy division. Getzel, who brings more than 19 years of outdoor industry experience, will oversee current vertical retail channels and develop new relationships in support of Nite Ize’s expansion into the travel category.

Shopko Files For Bankruptcy

January 17, 2019 SGB Update

Shopko, the operator of general merchandise stores based in Green Bay, WI,  filed for Chapter 11 in the District of Nebraska. The company is pursuing restructuring as a result of “excess debt and ongoing competitive pressures.”

Activism Paying Off For Patagonia

January 16, 2019 SGB Executive

At a session the NRF Big Show in New York City, Patagonia’s CEO Rose Marcario said the last decade “has been the best decade for us in terms of our business” even as the company has doubled-down on its commitment to sustainability and taken on risks by becoming more politically active around environmental issues. But she regarded Patagonia’s moves to take on hot-button issues as only “a proportional response to what’s going on.”

Stanley Parent Appoints CFO And COO

January 16, 2019 SGB Update

Pacific Market International (PMI), the manufacturer of food and beverage container solutions including the Stanley brand, announced David Parker has been hired as chief financial officer and chief operating officer.

Yeti Executives Unpack Ambitious Growth Strategies

January 15, 2019 SGB Executive

The ambitious financial goals that Yeti Holdings Inc.’s top executives laid out at the ICR Conference in Orlando, FL, center on four growth strategies plus a key supply chain move that will have the company no longer manufacturing in China by the end of the year. President and CEO Matt Reintjes and CFO Paul Carbone on Monday outlined the company’s plans for 2019 in a fireside chat hosted by Baird analyst Peter Benedict.

REI To Donate to Help Restore Parks Amid Shutdown

January 15, 2019 SGB Update

In a blog post, Jerry Stritzke, REI’s CEO, said the company will be giving “at least $250,000” to help with the restoration efforts from the damage caused by the government shutdown and called on others to aid in the restoration efforts.

Dick’s Ed Stack Discusses Purposeful Leadership At NRF Big Show

January 14, 2019 SGB Executive

At a session, “Company Conscience: Leading With Conviction,” at the NRF Big Show in New York City, Ed Stack, chairman and CEO at Dick’s Sporting Goods, discussed the retailer’s efforts to ensure a work/life balance for its employees and the retailer’s commitment to community that’s reflected both in its Sports Matter funding program and controversial decision to change its gun policy.

Fewer Destination Guests, Other Headwinds Taking Toll On Vail Resorts

January 14, 2019 SGB Executive

Good snowfall to start the 2018/19 ski season was a boon for many resorts across the U.S., with plentiful powder and the opening of terrain and lifts often not accessible until January stoking hopes of an epic performance for the industry. All of which made last week’s news from Broomfield, CO-based Vail Resorts Inc. that much more surprising.

Companies Update Guidance In Advance Of ICR Conference

January 14, 2019 SGB Executive

Late Friday afternoon and early Monday morning saw a host of preliminary sales and updated guidance releases from companies presenting at the ICR Conference, being held in Orlando, FL. Here’s a roundup of what retail and consumer brands announced over the last couple of days.

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